This property looks like a bad Long-Term investment with a projected -7.79% first-year return on $52,836 initial cash invested.
-7.79%
Cash On Cash
5.19%
Cap Rate
0.81
DSCR
$1,917
Rent
-$343
Cashflow
Cash Flow
$1,917 income − $2,260 expenses = $343 out of pocket
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,836
Downpayment
20%
$50,320
Closing costs
1%
$2,516
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,917
Total Expenses
$2,260
Mortgage P&I
70%
$1,335
Property Taxes
17%
$332
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0